NEW YORK, Jan. 29, 2016 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at DeVry Education Group Inc. ("DeVry" or the "Company") (NYSE: DV). The investigation focuses on whether the Company and its executives violated federal securities laws by publishing misleading student job placement rates.
Specifically, on January 27, 2016, the Federal Trade Commission filed a suit against the Company, claiming that its advertisements deceived consumers about the likelihood that students would find jobs in their fields of study and would earn more than those graduating with bachelor's degrees from other colleges or universities.
The U.S. Department of Education has also taken action against the Company for its marketing practices, providing notice to DeVry that it will require the institution to stop certain advertising practices regarding its students' post-graduation employment outcomes.
Request more information now by clicking here: www.faruqilaw.com/DV. There is no cost or obligation to you.
If you invested in DeVry stock or options and would like to discuss your legal rights, visit www.faruqilaw.com/DV. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to firstname.lastname@example.org. Faruqi & Faruqi, LLP also encourages anyone with information regarding DeVry's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/devry-notification-faruqi--faruqi-llp-encourages-investors-who-suffered-losses-in-excess-of-100000-investing-in-devry-education-group-inc-to-contact-the-firm-300212213.html
SOURCE Faruqi & Faruqi, LLP